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Editorial
June 19, 1922
The Elkins Inter Mountain
Elkins, Randolph County, West Virginia
What is this article about?
Editorial advocates for delaying action on the Muscle Shoals property bill in Congress, per President Harding's view, due to legislative congestion and economic recovery since Ford's low-value bid a year ago, benefiting taxpayers under Republican policy.
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OCR Quality
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Full Text
REASONABLE DELAY.
President Harding is understood to hold the view that hasty action should not be delayed in dispensing the Muscle Shoals property. The action on the bill pending in congress relating to the matter should be determined deliberately. Delay has been more than advisable. The legislative situation in congress is congested that adequate attention can not be given such a huge proposition. In Mr. Harding's opinion.
Here is an instance where reasonable delay is working and will work to the interest of the taxpayers. When Mr. Ford made his bid for the property a year ago business was stagnant throughout the country, and values of industrial property were at the lowest ebb. Since then industry has gained under the general lenient policy of the Republican administration and the wisdom of Congress in postponing action on the Ford proposal has been exemplified. Interest in the potential value of the Muscle Shoals property is increasing and the business element in business judgment needs that its disposal wait until values can be more definitely determined.
President Harding is understood to hold the view that hasty action should not be delayed in dispensing the Muscle Shoals property. The action on the bill pending in congress relating to the matter should be determined deliberately. Delay has been more than advisable. The legislative situation in congress is congested that adequate attention can not be given such a huge proposition. In Mr. Harding's opinion.
Here is an instance where reasonable delay is working and will work to the interest of the taxpayers. When Mr. Ford made his bid for the property a year ago business was stagnant throughout the country, and values of industrial property were at the lowest ebb. Since then industry has gained under the general lenient policy of the Republican administration and the wisdom of Congress in postponing action on the Ford proposal has been exemplified. Interest in the potential value of the Muscle Shoals property is increasing and the business element in business judgment needs that its disposal wait until values can be more definitely determined.
What sub-type of article is it?
Economic Policy
Infrastructure
Partisan Politics
What keywords are associated?
Muscle Shoals
President Harding
Ford Bid
Economic Recovery
Taxpayers Interest
Congress Delay
Republican Policy
What entities or persons were involved?
President Harding
Mr. Ford
Congress
Republican Administration
Editorial Details
Primary Topic
Delay In Muscle Shoals Property Disposal
Stance / Tone
Support For Reasonable Delay Benefiting Taxpayers
Key Figures
President Harding
Mr. Ford
Congress
Republican Administration
Key Arguments
Hasty Action On Muscle Shoals Bill Should Be Delayed Due To Congested Congress
Delay Advisable For Adequate Attention To Huge Proposition
Reasonable Delay Works In Taxpayers' Interest Amid Economic Recovery
Ford's Bid Occurred During Business Stagnation With Low Property Values
Postponing Ford Proposal Wise Under Republican Policy
Wait For Definite Determination Of Increasing Property Values